Investment in Real Estate

9 Months Ended

Sep. 30, 2011

Investment in Real Estate [Abstract]

3. Investment in Real Estate

The following is a summary of the properties owned and leased at September 30, 2011 (in thousands):


		Acquisition				Buildings and		Leasehold		Construction
Property Name	Location	Date		Land		Improvements		Improvements		in Progress		Total Cost
1656 McCarthy	Milpitas, CA		12/6/2006	$	5,086	$	21,940	$	—	$	—	$	27,026
2901 Coronado	Santa Clara, CA		2/2/2007		3,972		45,165		—		—		49,137
2972 Stender	Santa Clara, CA		2/2/2007		4,442		16,446				37,013		57,901
Coronado-Stender Properties	Santa Clara, CA		2/2/2007		11,486		11,967		—		184		23,637
70 Innerbelt	Somerville, MA		4/11/2007		6,100		61,302		—		5,096		72,498
32 Avenue of the Americas	New York, NY		6/30/2007		—		—		30,881		1		30,882
12100 Sunrise Valley	Reston, VA		12/28/2007		12,100		65,936		—		24,627		102,663
One Wilshire	Los Angeles, CA		9/28/2010		—		—		44,213		201		44,414
900 N. Alameda	Los Angeles, CA		9/28/2010		28,467		98,869		—		4,998		132,334
55 S. Market	San Jose, CA		9/28/2010		6,863		94,270		—		2,913		104,046
427 S. LaSalle	Chicago, IL		9/28/2010		5,493		54,678		—		491		60,662
1275 K Street	Washington, DC		9/28/2010		—		—		5,666		39		5,705
2115 NW 22nd Street	Miami, FL		9/28/2010		729		9,480		—		61		10,270

Total				$	84,738	$	480,053	$	80,760	$	75,624	$	721,175

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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